HUB Financial Inc. Acquires BridgeForce Financial Group Inc. and Affiliate Agencies in Ontario
February 2, 2023
HUB Financial Inc., a Canadian managing general agency and affiliate of Hub International Limited, has acquired BridgeForce Financial Group Inc. and several affiliated Ontario-based agencies. The transaction brings together one of Canada's largest independent MGAs to expand HUB Financial's geographic footprint, advisor capabilities, and distribution scale; terms were not disclosed.
- Buyers
- HUB Financial Inc., Hub International Limited
- Targets
- Achievex Financial Services Inc., W.C.S Financial Services Inc., W.C.S. Achievex Inc., Allen Wong & Associates Agency Limited, BridgeForce Financial Group Inc., Cinaber Financial Inc., Ontario East Insurance Agency Ltd., Joseph B. Woodyatt Insurance Agencies Limited
- Industry
- Insurance
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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